Which of the Following Is True of the Cash Payback

question 47

Multiple Choice

Which of the following is true of the cash payback period?

• A) The longer the payback, the longer the estimated life of the asset.
• B) The longer the payback, the sooner the cash spent on the investment is recovered.
• C) The shorter the payback, the less likely the possibility of obsolescence.
• D) All of the above are correct.

---

Definitions:

Income Distributions

The way in which a nation’s total earnings are spread among its population, which can influence economic policies and social stability.

Welfare Rolls

The lists or records of individuals who receive government assistance through welfare programs.

Liberal Position

A stance advocating for freedom, democracy, and human rights, often emphasizing the importance of individual liberty and equality.

Conservative Position

A political or economic stance that emphasizes the importance of tradition, stability, and minimal intervention by government in the free market.